Tuesday, 23 May 2017

Ford Replaces CEO Mark Fields After Stock Prices Dwindle Ford has just come off two straight years of record earnings. Its F-150 trucks are the best selling vehicles in America. But none of this was enough to save CEO Mark Fields' job. The career Ford executive has been replaced by a relative newcomer, Jim Hackett. One reason for the move: Ford's stock price tumbled nearly 40 percent in the three years Fields was at the helm. Ford has just come off two straight years of record earnings. Its F-150 trucks are the best selling vehicles in America. But none of this was enough to save CEO Mark Fields' job. The career Ford executive has been replaced by a relative newcomer, Jim Hackett. One reason for the move: Ford's stock price tumbled nearly 40 percent in the three years Fields was at the helm. Business
Ford has just come off two straight years of record earnings. Its F-150 trucks are the best selling vehicles in America. But none of this was enough to save CEO Mark Fields' job. The career Ford executive has been replaced by a relative newcomer, Jim Hackett. One reason for the move: Ford's stock price tumbled nearly 40 percent in the three years Fields was at the helm.